Quote from: goldkingcoiner on March 16, 2024, 07:54:13 AM

Quote from: riqo on November 18, 2022, 07:41:32 PM

The way I see it, all bullshit token and coin abandons are done for this one reason; they only have one purpose which I will explain better...
We saw Luna and FTT are made for a reason which is to support those companies themselves, the day these companies drop their token or their currency will drop too.

That's why for me bitcoin is perfection because this previous one is multipurpose and its foundation is to avoid intermediaries there are no companies managing it, we will not be able to match satoshi due to the price drop(thats a clever move for him to stay behind the scenes).

Because we know that satoshi does not depend on a company to reinforce bitcoin.
And with this I finish all the currencies are a scam(meaning that the price can disappear) for me, personally the legit ones they are btc and tether.

What do you think?

I think that Bitcoin has been around for a long enough time to be considered extremely trustworthy. One cannot make the same claim about other cryptocurrencies. Secondly, Bitcoin is open source. Which means anyone can take a look at the inner workings and draw their own conclusions about the reliability of the technology. And thirdly, there is no person or organization which could claim or manipulate Bitcoin for their own profits. It is total freedom.

I don't think that its total freedom in Bitcoin. The market is well controlled and settled by the big investors that play in the market according to their needs. Crypto is well controlled in every sector there are giants sitting out there who have huge amounts of investments and they play with the trends in the market.

When they invest large amounts of assets into the market the market pumps and whenever they take their investments out the market drops. Small investors like us always need to predict whether they'll hold the investment or they'll take out the investment after that much period of time etc. The other two points you mentioned are true to some extent but I don't think so that's freedom in it to that sense